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Bank Regulators Seeking Comments on the Use of AI and ML in the Industry

Perficient

The five federal agencies are: the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (Fed), the National Credit Union Administration (NCUA) and the. Office of the Comptroller of the Currency (OCC). Personalization of Customer Services. Credit Decisions. Cybersecurity.

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FDIC action against Tennessee bank emphasizes tech

American Banker

Brighton Bank entered a consent agreement with the regulator regarding violations of anti-money laundering laws.

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Betting the Bank on Your IT Experts

Jack Henry

As an example, the governor of New York State recently directed his Department of Financial Services to conduct targeted cyber security preparedness assessments for all state-chartered banks and other banks “based” in the state.

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Chinese Hackers Stole Living Will Data from FDIC, Lawmaker Claims

American Banker

The resolution plan data was accessed as part of a breach that initiated in October 2010 and continued for an extended period of time, eventually infecting the workstations of then FDIC Chairman Sheila Bair as well as other top agency officials.

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FBI Investigating FDIC Cyberattack Linked to China: Report

American Banker

A 2010 cyberattack targeting the Federal Deposit Insurance Corp. — — believed to have originated in China — is reportedly the subject of an FBI investigation.

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Chinese Hackers Stole Data from FDIC, Lawmaker Claims

American Banker

Hackers believed to be working from China accessed the computer systems of top officials at the Federal Deposit Insurance Corp., according to a top House lawmaker investigating the incident.

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FDIC's Gruenberg Called to Capitol Hill Over Cyber Breaches

American Banker

WASHINGTON -- Federal Deposit Insurance Corp. Chairman Martin Gruenberg has been called to testify on recent cybersecurity breaches in front of a House committee this month.

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